Dec 4, 2012 12:00pm EST
. >> a nice concise answer. joe, dsw joining a special dividend parade, accelerating p payout to december 28. stock up almost 4%. >> yes, indeed. 52-week high, $72. takes a stake in the company. look, dsw has the momentum to the upside. what you do here is buy some protection underneath the market. you look in the footwear space at another name, a tremendous amount of cash, black friday momentum real strong. that's foot locker, fl. that's where i put my shoe dollars. >> gold is below $1,700 for the first time in some -- well, i guess about a month or so. does that mean more pain is in sto store? to jackie deangelis, the host of online sensation and it is a sensation. known as futures now. jackie? >> good afternoon, scott. well, you're exactly right. you might think that the fiscal uncertainty would be driving gold higher about but, instead, just check out this chart. at the lowest level since president obama was re-elected. just now under that $1,700 mark. what's behind the sell-off and is this a buying opportunity? let's start talking futures now. let's start with you, you and rich have bee
Dec 4, 2012 9:00am EST
handle on things. >> the cliff continuing to affect companies dividend strategies. we have coach, dsw this morning, and now american eagle moving dividend payable dates to this year after oracle announced it will accelerate its fiscal '13 dividend payments into this month. the payout for larry ellison will exceed 1$198 million. when you consider potential tax rates difference, that's serious money. >> real money there where you go up as high as 41%, yeah. from where we are right now, absolutely. the most tax efficient way to deal with dividends is not to have them at all. and actually run real growth companies that don't return anything to shareholders and power everything back into your business. >> a lot of companies have more cash than they need. >> i'm just saying. >> you're a purist. warren buffett wants you to hold your stock. last night on "fast" saying most individuals we deal with do not have taxable accounts. so what. he says that, listen, we're making far too much of this. jim, directly against me on this. it's very important issue that dividends will be highly taxed. that'